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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Initially why does Sam's superior questions whether he is good at retail?
(a) He does not seem interested in retail.
(b) He is frequently late to work and staff meetings.
(c) He cannot sell products well.
(d) Although he can sell, his organization skills are not great.

2. Why does Sam buy a little bank in Bentonville?
(a) In order to better understand the lending process and banking industry overall.
(b) In order to earn money for Wal-Mart.
(c) In order to lend money to himself.
(d) He wants to control his money.

3. Is this sharing of information considered a success?
(a) Yes.
(b) No.
(c) Sometimes.
(d) Rarely.

4. When Sam did not like the attention given to him and his family by the press, he put a lid on the personal information released to the public. What happened because of this reason according to Sam?
(a) No one cares to know about the history of Wal-Mart.
(b) His company suffered.
(c) America forgot about him.
(d) A great deal of misinformation was released and taken as truth about him and his family.

5. For a variety of reasons, Rob convinces Sam to do what with his debt?
(a) Reconsolidate it into one large loan for the business.
(b) Split his debt into many small loans for the business.
(c) Reconsolidate it into one large personal loan.
(d) Split his debt into a few small personal loans.

6. What does Sam do everywhere he travels?
(a) He has to promote his business.
(b) He has to visit friends.
(c) He has to check out the competition.
(d) He has to fight the competition.

7. Do Sam's kids feel as though Sam was not around during their childhood?
(a) Sometimes.
(b) No.
(c) Often.
(d) Yes.

8. No matter how efficient or advanced their distribution center is or how great their technology might be, _______________are the real key to Wal-Mart's success.
(a) The Walton family members.
(b) The managers.
(c) The associates.
(d) The executives.

9. Although there have been a number of changes in the Wal-Mart industry over the years, the Walton family still collectively owns __________ of their own business, which is rare for a major corporation.
(a) 38 percent.
(b) 48 percent.
(c) 68 percent.
(d) 58 percent.

10. To encourage family togetherness, what does Sam do?
(a) His family must not go anywhere without him.
(b) He is his sons' Boy Scout leader.
(c) The family must be home for dinner every night.
(d) He plans family vacations every weekend.

11. Sam's father, Thomas Gibson Walton, is a very hard worker who was later remembered for _____________.
(a) His wealth.
(b) His loving personality.
(c) His quiet demeanor.
(d) His honesty and integrity.

12. While debating the idea of going public, Sam flies around looking for _________.
(a) Another $1.5 million loan.
(b) Someone to legally represent him.
(c) Locations for new stores.
(d) New executives.

13. In 1939, he meets Hugh Mattingly who owns _____________.
(a) A discount store chain with 40 stores.
(b) A Ben Franklin store in town.
(c) A variety store chain with 60 stores.
(d) The first Wal-Mart.

14. No matter how hard Sam's father worked or how many different jobs he had, what happened?
(a) He was never happy.
(b) He never felt like he could work hard enough.
(c) His family was never satisfied.
(d) His family was never comfortable.

15. Ever since Sam took out his first bank loan, he has not been comfortable or happy with ___________.
(a) Debt.
(b) Money.
(c) Spending.
(d) Banks.

Short Answer Questions

1. Has Wal-Mart always treated its employees as well as it should have?

2. Sam and Charlie create the _______ self-service style variety store in the country and the first one in the eight-state area.

3. Sam says by making sure the customers are treated well, what will be the result?

4. Sam is always looking for new and different ways to do things and takes great pleasure in ___________.

5. When he is 14, Sam saves a boy from ____________.

(see the answer keys)

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